So crash! Very loss!!! Much scam!!! SELL SELL SELL!!!!!   Look, this is racist against Chinese. Please don't make fun of our good friends in China who have some difficulty with the English language. So un-nice; very rude, much impolite. Actually, I think was it a nudge towards the Doge crowd . |
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The BTC will be used to buy the shares on the distributed exchange with the order command (in the CLI), and the dividends will (usually) be paid in XCP with the dividend function.
If you don't want to pay dividends, but rather only make good on something like an IOU, then there's no reason that you should do that in XCP over any other asset.
So the only inconvenience, is that investors will have to convert XCP back to BTC (if they want so)? Is there any way planned to pay dividends in BTC, or this will need to be handled separately? |
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If it good, people will continue it, as long as LevelCoin provides the source.
CfB did it for BCnext, for example.
Well, BCNext hired CfB to finish the code. The final result still the same . |
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The assets will be backed however the issuer likes.
For an IPO, one would create an asset, announce off-blockchain how it would be backed, and then sell a certain number of that asset at whatever price, for whatever asset.
For instance, if I want to make an IPO for MiningCompanyX, I could issue 10^5 of MININGX (divisible or indivisible), then sell perhaps 3*10^4 of those on the distributed exchange at a price of .1 BTC/MININGX and raise 3*10^3 BTC. The backing here might be the promise of future dividends.
And the BTC will be sent to asset address? How they will be paid back later on in form of divs, as BTC or XCP? (This the point that I don't quite get...) |
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Why would you send BTC in particular to the issuing address? One may use any asset to buy any other, and one may use the distributed exchange for IPOs.
With XCP, one tiny dividend transaction can pay all of the dividends simultaneously. With BTC, you need one output per address. Of course, there's nothing stopping someone from paying BTC dividends, but there's no reason to put that feature in the Counterparty protocol (it wouldn't be a Counterparty transaction).
Ok, I see where you coming now from. Can you explain a bit how the distributed exchange will work with the IPO's? People will still need to buy XCP, or they could send it any other asset? Also, how these assets will be backed? |
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A question about dividends, is it possible to do them via BTC?
Or the only planned options for the moment is using XCP?
XCP can do the job much better than BTC, so dividends (and bets) will be XCP-only for the foreseeable future. So the assets investors, sending BTC to asset address, will actually get XCP back (and will need to exchange them back to BTC, if needed)? A bit backwards approach, to be honest. |
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Starting countdown to Nxt knights appearing in this thread? (Sorry, just had to ) I'm here. Sorry if I upset u, but I support eMunie as long as everything works as told by Fuserleer. I haven't meant you actually (credit is given where credit is due - you are doing a great job with Nxt, and no chance it would get to where it is now without your efforts), but these 2-3 zealots who just seem to bash anywhere eMu is mentioned. |
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Starting countdown to Nxt knights appearing in this thread? (Sorry, just had to ) It is truly sad to see how the eMu community, including it's developers, is so intimidated by NXT that they have to mention it and talk negatively about it with lies ALL THE TIME. Even in your goddamn announcement thread do you have to mention NXT. Pathetic Disclaimer - I have no stake whatsoever in eMu (only considering to participate in IPO if/when it ever opens), just noticed a generic trend on these boards. |
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Starting countdown to Nxt knights appearing in this thread? (Sorry, just had to ) |
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A question about dividends, is it possible to do them via BTC?
Or the only planned options for the moment is using XCP?
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If I burned XCP on separate address (but same wallet) on blockchain info, is there any way to export only this address private key?
Or the only way for me is to export the whole wallet then import into Bitcoin-QT?
Thanks.
There is. If I recall from memory, you simply click on import/export and look for the unencrypted/plaintext export option and copy and past the private key corresponding to your public key/address. Thanks, will check. |
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If I burned XCP on separate address (but same wallet) on blockchain info, is there any way to export only this address private key?
Or the only way for me is to export the whole wallet then import into Bitcoin-QT?
Thanks.
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My position in the organization is far more important to me than this project. Sooooo... what your saying then.. Is that if said organisation which by your own admission is currently monitoring links you to this coin you will stop the coding and dissociate yourself from the coin? That does not give me a lot of faith. Such is life. If it good, people will continue it, as long as LevelCoin provides the source. CfB did it for BCnext, for example. |
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About MC2 - any worries it might collide with the recently relaunched MemoryCoin2?
What do you mean by collide? If it's about the name, MC2 is just a project placeholder for a development name. Ah, just wanted to point devs attention there is such (albeit less known) coin name. |
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Thanks, I was certain it something small like this . |
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Syrenity: what exact error message are you getting? I'm not a Windows person, but I'll be glad to help if I can.
Deps issue: C:\counterpartyd_build>c:\Python32\python.exe run.py server Traceback (most recent call last): File "C:\counterpartyd_build\dist\counterpartyd\counterpartyd.py", line 22, i <module> from lib import (config, api, zeromq, util, exceptions, bitcoin, blocks) File "C:\counterpartyd_build\dist\counterpartyd\lib\zeromq.py", line 14, in < odule> import zmq ImportError: No module named zmq |
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I also constantly getting zmq error on Windows after upgrade to latest, even after running re-setup.py.
Ideas?
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Just checked the blockscan.com assets, and noticed that my test asset is gone?
Any breaking changes that were done lately?
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About MC2 - any worries it might collide with the recently relaunched MemoryCoin2?
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While it looks like this, he might have just used another address... |
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